Currency Wars: The Making of the Next Gobal Crisis [精装]

The debasement of the dollar, bailouts in Greece and Ireland, and Chinese currency manipulation are unmistakable signs that we are experiencing the start of a new currency war. Fought as a series of competitive devaluations of one country's currency against others, currency wars are one of the most destructive and feared outcomes in international economics. Left unchecked, the new currency wars could lead to a crisis worse than the panic of 2008.

Drawing on a mix of economic history, network science, and sociology, Currency Wars provides a rich understanding of the increasing threats to U.S. national security, from dollar devaluation to collapse in the European periphery, failed states in Africa, Chinese neomercantilism, Russian adventurism, and the current scramble for gold. James Rickards, an expert who has worked at the highest levels of both finance and national security, explains everything we need to know about this growing global standoff. He takes readers around the world and behind closed doors to explain complex financial and political currents with absorbing firsthand anecdotes.

"A literate financier with a global view." -Barron's

"Jim Rickards highlights dangerous dynamics between national security and the international financial markets. What we assumed was firm ground under our feet is more like the narrowing point of a precipice. Our politicians, national security experts, and financial markets, each chasing carrots dangling in front of them, fail to see that they are leading America right off the edge."-Charles A. Duelfer, former special advisor to the director of the CIA, author of Hide and Seek: The Search for Truth in Iraq

"Put on your flak vest and helmet and enter the dangerous battlefield of global finance. Jim Rickards takes you through a captivating roller- coaster ride-the past, the present, and a look at the problematical future of our ongoing currency wars." -Rear Admiral (Ret.) Stephen H. Baker, chief of staff, Fifth Fleet; recipient Distinguished Service Medal

"The leading edge of tomorrow's warfare is economic, and we are being probed daily by those who would do us grave harm. . . . Fortunately, we are developing means of detection and a small cadre who understands that the economy intersects national security at the ground zero of modern warfare. Currency Wars provides the best introduction to how it has occurred in the past, how it is occurring today, and how we may prepare ourselves to prevent it from happening tomorrow." -Brigadier General (Ret.) Joseph L. Shaefer, U.S. Air Force Intelligence Crisis Action Team

"A captivating, articulate, and thoughtful account of failed attempts by governments to create wealth by debasing their currencies. Currency Wars should be required reading for all policy makers, MBA students, and anyone concerned about the long-term stability and prosperity of Western democracies." -Sorin Sorescu, professor of finance, Texas A&M University